by Leo on January 2, 2017

I awoke this morning to a nice email from Jeannie…

I am forwarding an email I received from you last year that actually helped me get my “saving” game on really good. I think the visual of the actual “jar” with the title Penny Challenge made me realize that maybe I can do this. I found a jar and created my version of the label and began the quest. Colleagues at work made fun of me, saying “those gimmicks never work” but I was determined and told them “just wait and see”.

Six months into the Penny Challenge, I decided to make things a little more easy for myself and began to save $20 per week for the rest of the year. Ultimately I saved $800 from this challenge and will be continuing to save from here on in 2017.

For anyone who might even have a little doubt that they cannot save since they live paycheck to paycheck, the Penny Challenge can definitely be a start and once they are consistently on the game each week, their thought pattern will change. I guarantee it!!

Please share your Penny Challenge once again, to help another like me who would give it a try. Maybe you’ll get another email like this in 2018 ūüôā

During the course of 2016 I got several emails similar to that one and so, here are some simple money saving ideas for the new year…

A friend got me started on a fun project a¬†few years ago and it continues this year…

Each week we are putting money in an envelope.

The amount we put in matches the week of the year. In other words we put a dollar in on the first week of the year, two dollars on week two, three dollars on week
three, etc.

Sunday is our day to fill the envelope.

At the end of the year we’ll have $1300+¬†and the plan¬†is to spend it on something we want…not for debts¬†or bills. ¬†Something fun.

Last year, a few smart people suggested starting backwards.

$52 on week one, $51 next two etc. since money is tighter at  the end of the year AND this would be one of those goals that get easier!

Here’s another option for saving money…

Someone named Lynette Washer posted that on her Facebook feed and I liked the idea.

It occurred to me that putting a penny in the jar for every day of the year is easy now but a few months down the line it might be a hassle coming up with the change every day.

For that reason I figured out the weekly amount for the penny challenge…. (turn on images if you don’t see it)

If you stick with it, you’ll save almost $670 during 2017.

If you want an average, if you save $13 a week, you’ll accomplish the same.

If you have a spare $20 at the moment, you could drop that in your jar and be “paid up” till early March but I think doing something at least each week is better for developing the habit.

Another idea is to save every $5 you come across this year.

Pretend $5s don’t exist and put them away till the end of the year when you should have a nice supply!

Do you have any similar money games you’d care¬†to share that I could pass on to my readers? ¬†Please leave a comment.

Thank you!


I recently discovered a nice video from Barbara Sher doing a Tedx Talk in Prague…

According to Barbara Sher we have to change our common understanding of why we so often fail to bring our dreams into reality ‚Äď blaming bad attitude, negative thinking or lack of effort. Heartfelt, funny and surprising stories told by a lady who’s been helping other people’s dreams for many decades.

Her thesis is that we fail so often because we are ISOLATED.

“We never know who we are talking to…we are all the centers of enormous amounts of information and connections that we don’t need or think about unless someone asks us.”

I began to realize that I had found the absolute, guaranteed secret to success and boy did it have nothing to do with positive thinking…here’s the punchline…isolation is the dream killer, not your rotten attitude, you can hate yourself, you always do it… you know it, you wake up in the morning and go “i’m fat”…you know you do that…”

In the video she explains how to start a team to get you out of your isolation and into a group that supports you and she suggests NOT using friends and family who may have preconceived notions about you…. “strangers are great!”

Anyway, if that resonates with you, I encourage you to watch the video…

I’ll give an example I’ve used before…

Years ago I got an email from a person who used to make some extra money selling on ebay until her camera broke which put her out of  business.

She was toiling in ISOLATION because all she needed was one person to say…

“You can borrow mine”


“You can buy a disposable camera at the pharmacy and return it to get the pics developed”


“My son always gets the latest camera and would be glad to give you one of his older ones.”

I can practically GUARANTEE if you posted on FB or sent an email to your address book explaining you needed a camera to continue your eBay biz, you’d drown in offers.

I love Barbara’s message.

Tell your “success team” your goal and your obstacles and watch what happens.

Just because a goal looks big to you, doesn’t mean it looks big to everyone.

Barbara’s PDF is called…”How To Get What You Really Want…(even if you have no goals…no character and you’re often in a lousy mood.)”

Click here to get the PDF and put together your own Success Team!


Want more coming in? Send out more!

  I heard a great concept the other day… “If you want more coming in… you’ve got to increase what’s going out.” One author I’ve read calls it sending out “ships”. Remember that saying… “my ship has come in?” That’s what merchants/investors of olde would say when the empty ship they sent out came back […]

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Risk Small But Often…

In Tony Robbins latest book he introduced me to the phrase “asymmetric risk/reward”. It’s a fancy way of saying “risk a little to make a lot”… risk¬†$1 to make $5. ¬†You can be wrong four¬†times out of five and not lose money. In a book I was reading Thursday¬†I noticed the advice… “risk small but […]

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How to Make Money by Growing and Selling Plants

As the snow falls outside my upstate NY home I thought it the perfect time to think about income streams for the Spring and beyond. My friend Mike McGroarty has been selling plants from his backyard for the better part of two decades and he can show you how to do the same. ¬†Read the […]

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How would you make an extra $100?

I woke up this morning to an interesting email… An online blogger asked his readers to tell him how they would go about earning an extra $100 in 30 days…he used the example of missing your rent payment if you didn’t make it. The responses ranged from wacky to brilliant! Among my favorites was the […]

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Get Paid To Lose

Wanna bet? I read an interesting article last week about a unique way to keep yourself motivated to reach your goals. You make a bet. The focus of this particular article was weight loss but I’m sure it can be adapted for other goals. There are apps and websites that will let you make a […]

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“Fear Setting” instead of “Goal Setting”

I was listening to an interview with author Tim Ferris¬†yesterday and he mentioned his concept of “fear setting” as a replacement for “goal setting”. Here is my transcript… “One of the reasons so few people do bold things¬†is because they don’t define risk…they have a¬†nebulous fear of a worst-case scenario… having too ¬†little money or […]

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Some fun money below…

If you live near a Walmart,McDonald’s or Dunkin Donuts and you have a smart phone, you can be earning money in minutes with a different form of mystery shopping. If you have an iPhone or an Android look in their app stores for two apps…¬†Mobee and Gigwalk They’re both free and to signup all you […]

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Goals are for losers…

  “Goals are for losers” is the title of a section in my new favorite book… “How To Fail At Almost Everything and Still Win Big: Kind of the Story of My Life.” The author is Scott Adams, the cartoonist who does the comic strip Dilbert. I got the book from my local library but […]

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